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ALXAlexander's, Inc.
$272.35$1.4B
Overview & Verdict
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ALX logoAlexander's, Inc.(ALX)Earnings, Financials & Key Ratios

ALX•NYSE•REIT / Real Estate
$272.35
49.5× P/E·Price updated Jul 6, 2026
SectorReal EstateIndustryRetail REITsSub-IndustryUrban High-Street and Mixed-Use Retail
AboutAlexander's, Inc. is a real estate investment trust which has seven properties in the greater New York City metropolitan area.Show more
  • Revenue$213M-5.8%
  • FFO$63M-22.2%
  • FFO/Share12.32-22.2%
  • FFO Payout146.05%+28.6%
  • FFO per Share12.32-22.2%
  • NOI Margin16.06%-83.9%
  • FFO Margin29.69%-17.4%
  • ROE19.74%-5.8%
  • ROA2.3%-27.3%

ALX Price & Volume

Alexander's, Inc. (ALX) stock price & volume — 10-year historical chart

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Contracting Margins and Liquidity Erosion Threaten ALX

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Contracting
Profitability:Strained
Financial:Vulnerable
Cash Flow:Deteriorating
Primary Risk:NYC asset concentration risk

Key Thesis Takeaways

  • Alexander's, Inc.
  • faces a challenging outlook characterized by consistent revenue contraction from $62.9 million in 2023Q4 to $53.4 million in 2026Q1.
  • The firm's reliance on debt has intensified, with the debt-to-equity ratio ballooning to 9.17, while dividend sustainability remains under pressure as the payout ratio reached 172.0% in the most recent quarter.
  • Investors should monitor the company's ability to stabilize its NYC-centric portfolio, as the current trajectory of asset erosion and liquidity depletion suggests significant long-term operational risks.

Verdict Logic

the dividend payout ratio of 172.0% relative to FFO in 2026Q1 suggests that current distributions are unsustainable without external financing or further depletion of capital reserves.

ALX Growth Metrics

Alexander's, Inc. (ALX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years0.25%
5 Years1.37%
3 Years1.18%
TTM-3.73%

Profit CAGR

10 Years-9.54%
5 Years-7.62%
3 Years-21.18%
TTM-48.11%

EPS CAGR

10 Years-9.57%
5 Years-7.65%
3 Years-21.2%
TTM-48.19%

Return on Capital

10 Years6.85%
5 Years6.37%
3 Years6.79%
Last Year5.49%

ALX Recent Earnings

Alexander's, Inc. (ALX) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
May 4, 2026
Metric
Actual
Est
EPS
$2.60-15.6%
$3.08
Rev
$53M+0.0%
$53M
Q1 2026
Feb 9, 2026
Metric
Actual
Est
EPS
$2.43-19.5%
$3.02
Rev
$53M-0.3%
$53M
Q4 2025
Nov 3, 2025
Metric
Actual
Est
EPS
$2.91+16.4%
$2.50
Rev
$53M+0.0%
$53M
Q3 2025
Aug 4, 2025
Metric
Actual
Est
EPS
$2.88-6.5%
$3.08
Rev
$52M-0.6%
$52M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 4, 2026
$2.60vs $3.08-15.6%
$53Mvs $53M+0.0%
Q1 2026Feb 9, 2026
$2.43vs $3.02-19.5%
$53Mvs $53M-0.3%
Q4 2025Nov 3, 2025
$2.91vs $2.50+16.4%
$53Mvs $53M+0.0%
Q3 2025Aug 4, 2025
$2.88vs $3.08-6.5%
$52Mvs $52M-0.6%
Based on last 12 quarters of dataView full earnings history →

Latest ALX News

Recent stock market news and headlines for Alexander's, Inc. (ALX)

GlobeNewsWire·6 days ago
ALX Oncology Reports Inducement Grant as permitted by the Nasdaq Listing Rules

SOUTH SAN FRANCISCO, Calif., June 30, 2026 (GLOBE NEWSWIRE) -- ALX Oncology Holdings Inc. ("ALX Oncology," Nasdaq: ALXO), a clinical-stage biotechnology company advancing a pipeline of novel therapies designed to treat cancer and extend patients' lives, announced that the Compensation Committee of the Board of Directors of ALX Oncology approved the granting of an inducement stock option to purchase a total of 500,000 shares of ALX Oncology's common stock to Michael Listgarten, General Counsel, on June 29, 2026 in connection with the commencement of his employment. Mr. Listgarten's inducement stock option is subject to the terms of the ALX Oncology Holdings Inc. 2025 Inducement Equity Incentive Plan and related forms of agreements, and was granted as an inducement material to Mr. Listgarten to enter into employment with ALX Oncology in accordance with Nasdaq Listing Rule 5635(c)(4).

GlobeNewsWire·6 days ago
ALX Oncology Appoints Scott Garland as Chairman of the Board and Michael Listgarten as General Counsel

Strengthens Leadership with Veteran Executives with Decades of Industry Experience Scott Garland Succeeds Co-Founder Corey Goodman, Ph.D., After More Than a Decade of Foundational Leadership SOUTH SAN FRANCISCO, Calif.

Globe News Wire·Jun 29, 2026
Alexander’s Leases 135,000 Square Feet to Target at its Rego Park Shopping Center; Center is 99% Leased

PARAMUS, N. J. , June 29, 2026 (GLOBE NEWSWIRE) -- Alexander's, Inc. (NYSE: ALX) announced today that it has completed a 15-year lease (with renewal options) with Target Corporation at its Rego Park Shopping Center located on Junction Blvd at the Long Island Expressway, in the middle of densely populated Queens, New York.

GlobeNewsWire·Jun 29, 2026
Alexander's Leases 135,000 Square Feet to Target at its Rego Park Shopping Center; Center is 99% Leased

PARAMUS, N.J., June 29, 2026 (GLOBE NEWSWIRE) -- Alexander's, Inc. (NYSE: ALX) announced today that it has completed a 15-year lease (with renewal options) with Target Corporation at its Rego Park Shopping Center located on Junction Blvd at the Long Island Expressway, in the middle of densely populated Queens, New York.

GlobeNewsWire·Jun 16, 2026
Greenridge Exploration Fully Exercises Option for 100% Interest in the Carpenter Lake Uranium Project in Athabasca Basin, Saskatchewan

VANCOUVER, British Columbia, June 16, 2026 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | OTC: GXPLF | FRA: HW3), is pleased to announce that the Company has fulfilled all the obligations of its property option agreement (the “Agreement”) to earn a 100% legal and beneficial interest in the Carpenter Lake Uranium Project (“Carpenter Lake” or the “Project”), located on the southern margin of the Athabasca Basin in northern Saskatchewan, Canada. Greenridge entered into the Agreement in May 2024 with ALX Resources Corp. (“ALX”) and Renegade Gold Inc. (“Renegade” and together with ALX, the “Optionors”) and has since carried out systematic exploration at the Project, including diamond drilling, in 2024, 2025 and 2026.

Peers Comparison

Key metrics vs top competitors for Alexander's, Inc. (ALX)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
ALX logoALXAlexander's, Inc.Current
$272.35$1.39B49.52-5.83%13.24%19.74%6.61%
SLG logoSLGSL Green Realty Corp.
$51.54$3.72B-43.6841.96%-15.25%-3.47%—
VNO logoVNOVornado Realty Trust
$40.70$7.66B9.691.27%43.99%11.77%—
ESRT logoESRTEmpire State Realty Trust, Inc.
$5.68$973.89M31.560.67%5.09%2.19%—
PGRE logoPGREParamount Group, Inc.
$6.60$1.46B-31.431.97%-13.47%-2.39%—
BXP logoBXPBXP, Inc.
$69.97$11.16B40.212.19%9.09%4.13%—

Compare ALX vs Peers

Alexander's, Inc. (ALX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SLG

Most directly comparable listed peer for ALX.

Scale Benchmark

vs SPG

Larger-name benchmark to compare ALX against a more recognizable public peer.

Peer Set

Compare Top 5

vs SLG, VNO, ESRT, PGRE

ALX SEC Filings & Documents

Alexander's, Inc. (ALX) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Mar 31, 2026·SEC

Material company update

Mar 9, 2026·SEC

Material company update

Dec 29, 2025·SEC

10-K Annual Reports

6
FY 2026

Feb 9, 2026·SEC

FY 2025

Feb 10, 2025·SEC

FY 2024

Feb 12, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 4, 2026·SEC

FY 2025

Nov 3, 2025·SEC

FY 2025

Aug 4, 2025·SEC

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ALX Frequently Asked Questions

Alexander's, Inc. (ALX) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Alexander's, Inc.'s revenue?

Alexander's, Inc. (ALX) reported $211.7M in revenue for fiscal year 2025. This represents a 740% increase from $25.2M in 1996.

How fast is Alexander's, Inc. growing?

Alexander's, Inc. (ALX) saw revenue decline by 5.8% over the past year.

Is ALX profitable?

Yes, Alexander's, Inc. (ALX) is profitable, generating $20.6M in net income for fiscal year 2025 (13.2% net margin).

Dividend & Returns
Does ALX pay dividends?

Yes, Alexander's, Inc. (ALX) pays a dividend with a yield of 6.61%. This makes it attractive for income-focused investors.

What is ALX's return on equity?

Alexander's, Inc. (ALX) has a return on equity (ROE) of 19.7%. This is reasonable for most industries.

Industry Metrics
What is Alexander's, Inc.'s FFO?

Alexander's, Inc. (ALX) generated Funds From Operations (FFO) of $57.4M in the trailing twelve months. FFO is the primary profitability metric for REITs.

Is ALX a good dividend stock?

Alexander's, Inc. (ALX) offers a 6.61% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

What if you invested $1,000 in ALX back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →